MetaMask's newly launched mUSD stablecoin has achieved a supply milestone of $65 million just one week after its introduction. The rapid growth in supply indicates strong market interest and adoption of the stablecoin, which is designed to maintain a stable value pegged to the US dollar. This development marks a significant step for MetaMask in expanding its offerings within the decentralized finance (DeFi) ecosystem.
MetaMask's mUSD Stablecoin Reaches $65M Supply in First Week
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.